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enX GROUP LIMITED - Further cautionary announcement: purchase of the business of Galeprops 2661 cc by New Way Power Proprietary Limited

Release Date: 05/08/2015 17:45
Code(s): ENX     PDF:  
Wrap Text
Further cautionary announcement: purchase of the business of Galeprops 2661 cc by New Way Power Proprietary Limited

ENX GROUP LIMITED
(formerly Austro Group Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2001/029771/06)
JSE share code: ENX ISIN: ZAE000195723
(“enX”)

FURTHER CAUTIONARY ANNOUNCEMENT: PURCHASE OF THE BUSINESS OF
GALEPROPS 2661 CC (TRADING AS GENMATICS) BY NEW WAY POWER PROPRIETARY
LIMITED

Shareholders are referred to the announcement released on SENS on 24 June 2015, in respect of the purchase by New
Way Power Proprietary Limited, a wholly owned subsidiary of enX, of the generator rental business of Galeprops 2661
CC (trading as Genmatics) (the “transaction”) and are advised that as the due diligence process has not yet been
completed, the value of the net assets of the transaction and the profits attributable to the business are still to be
determined. enX shareholders are accordingly advised to continue to exercise caution when dealing in their enX shares
until a further announcement is made.

5 August 2015

Sponsor
Java Capital

Date: 05/08/2015 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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